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The NBA's ballyhooed free-agent summer of 2010 might have quietly taken another hit late Tuesday night .The official league memorandum, obtained by ESPN.com, forecasts a dip
in basketball-related income in the 2009-10 season of 2.5 percent to 5
percent, which threatens to take the 2010-11 cap down some $5 million
to $8 million from last season's $58.7 million salary cap. Tuesday's projections were sufficiently dire for teams such as the New York Knicks that have been planning for months to make a significant free-agent splash next summer .So in the best-case scenario outlined by the league office Tuesday
night, New York would have roughly $10 million less in spending money
next summer than it originally planned for.
The Knicks, for example, increasingly look as though they will be restricted to signing one maximum-salaried player that summer if the latest projections hold, which theoretically would only enhance the Cleveland Cavaliers' chances of retaining LeBron James, given the other holes in the Knicks' roster. New York's original plan to lure James was founded upon trying to sign James and a second marquee free agent in 2010.
With the rules in place the Cavs can offer LeBron $25 million more than any other competing team. Plus if he goes elsewhere he will likely be the only All-Star on the team. And the Cavs just sold their minority ownership to a Chines company that wants to exclusively market LBJ in China.
Cavs Haters.
The Knicks, for example, increasingly look as though they will be restricted to signing one maximum-salaried player that summer if the latest projections hold, which theoretically would only enhance the Cleveland Cavaliers' chances of retaining LeBron James, given the other holes in the Knicks' roster. New York's original plan to lure James was founded upon trying to sign James and a second marquee free agent in 2010.
With the rules in place the Cavs can offer LeBron $25 million more than any other competing team. Plus if he goes elsewhere he will likely be the only All-Star on the team. And the Cavs just sold their minority ownership to a Chines company that wants to exclusively market LBJ in China.
Cavs Haters.0
great post west
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